Download or read book The Political Economy of European Banking Union written by David J. Howarth and published by Oxford University Press. This book was released on 2016 with total page 285 pages. Available in PDF, EPUB and Kindle. Book excerpt: The establishment of Banking Union represents a major development in European economic governance and European integration history more generally. Banking Union is also significant because not all European Union (EU) member states have joined, which has increased the trend towards differentiated integration in the EU, posing a major challenge to the EU as a whole and to the opt-out countries. This book is informed by two main empirical questions. Why was Banking Union - presented by proponents as a crucial move to 'complete' Economic and Monetary Union (EMU) - proposed only in 2012, over twenty years after the adoption of the Maastricht Treaty? Why has a certain design for Banking Union been agreed and some elements of this design prioritized over others? A two-step explanation is articulated in this study. First, it explains why euro area member state governments moved to consider Banking Union by building on the concept of the 'financial trilemma', and examining the implications of the single currency for euro area member state banking systems. Second, it explains the design of Banking Union by examining the preferences of member state governments on the core components of Banking Union and developing a comparative political economy analysis focused on the configuration of national banking systems and varying national concern for the moral hazard facing banks and sovereigns created by euro level support mechanisms.

Download or read book After the Great Complacence written by Ewald Engelen and published by Oxford University Press. This book was released on 2011-09-29 with total page 296 pages. Available in PDF, EPUB and Kindle. Book excerpt: Argues "that social scientists, governments and citizens need now to re-engage with the political dimensions of financial markets." - cover.

Download or read book Bursting the Brussels Bubble written by Helen Burley and published by . This book was released on 2010 with total page 214 pages. Available in PDF, EPUB and Kindle. Book excerpt: Summary: Written by some of the leading experts on lobbying transparency in Europe, this collection provides an eye-opening insight into decision making within the European Union - and offers a valuable guide to fighting for greater transparency and accountability. "Bursting the Brussels bubble" is a valuable tool for anyone concerned with decision-making and democratic accountability within the European Union. It reveals how lobbyists from the world of big business have successfully embedded themselves inside the European Union's decision-making process, creating a political culture where, behind closed doors, the influence of business has become the norm.

Download or read book Political Economy of Financial Integration in Europe written by Jonathan Story and published by MIT Press. This book was released on 1997 with total page 356 pages. Available in PDF, EPUB and Kindle. Book excerpt: This timely volume traces the political, financial, and economicsteps toward financial union in Europe, focusing on the politicaleconomy of the process--notably the dynamics of a Europe ofsovereign states. Few aspects of the great European integration project have been as difficult and fraught with political conflict as the creation of a single financial market and monetary union. It is clear, however, that monetary union and financial integration are now on the front-burner in Europe, and will remain so until at least the year 2000. This timely volume traces the political, financial, and economic steps toward financial union in Europe, focusing on the political economy of the process--notably the dynamics of a Europe of sovereign states. It is the first integrated view of the issue, combining political, economic, and financial perspectives. Authoritative, comprehensive, and accessible, the volume is essential reading for students, researchers, policy makers, journalists, and anyone who needs to know about financial integration in Europe.

Download or read book Financialisation and the Financial and Economic Crises written by Eckhard Hein and published by . This book was released on 2016 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: The contributions to this book provide detailed accounts of the long-term effects of financialisation and cover the main developments leading up to and during the crisis in 11 selected countries: the US, the UK, Spain, Greece, Portugal, Germany, Sweden, Italy, France, Estonia, and Turkey. The introductory chapter presents the theoretical framework and synthesizes the main findings of the country studies. Furthermore, the macroeconomic effects of financialisation on the EU as a whole are analysed in the final chapter.